Press Releases

SAN DIEGO, May 24, 2013 /PRNewswire/ -- Senomyx, Inc. (NASDAQ: SNMX), a  company using proprietary taste science technologies to discover, develop, and commercialize novel flavor ingredients, announced today that David Linemeyer, Ph.D., the Company's Vice President, Biology and Gwen Rosenberg, Vice President, Investor Relations & Corporate Communications, will present an overview of Senomyx's technology and programs on Friday, May 31, at 10:25 a.m. Eastern Time (7:25 a.m. Pacific Time) during the Citi 2013 Global Consumer Conference.  The conference is taking place at the Hilton New York Hotel in New York, NY.  During the presentation, Dr. Linemeyer and Ms. Rosenberg will discuss corporate developments including the Company's pipeline of novel flavor ingredients and its business strategy.

To access the live presentation or a subsequent archived recording, please log onto Senomyx's website at http://www.senomyx.com and click on the "Investor Relations" tab.  The archived webcast will be available for 30 days following the presentation.  Please connect to Senomyx's website prior to the start of the webcast to ensure adequate time to download any software that may be necessary.

About Senomyx, Inc. (www.senomyx.com)Senomyx is using proprietary taste science technologies to discover, develop, and commercialize novel flavor ingredients.  These include modifiers of Sweet and Salt flavors as well as Savory Flavors, Bitter Blockers, and Cooling Agents.  The Company is also engaged in a new effort to discover and develop natural high-potency sweeteners.  Under its direct sales initiative, Senomyx is beginning to sell certain of its flavor ingredients to flavor companies for re-sale to their food and beverage company customers.  In addition, Senomyx has collaborative agreements with global food, beverage, and ingredient supply companies, some of which are currently marketing products that contain Senomyx's flavor ingredients.  Senomyx's corporate socially responsible activities are described on the Senomyx Cares blog at http://www.senomyx-csrblog.com/.  For more information, please visit www.senomyx.com.

Contact:  Gwen RosenbergSenomyx, Inc.  Vice President, Investor Relations & Corporate Communications858-646-8369 gwen.rosenberg@senomyx.com

SOURCE Senomyx

SANTA CLARA, Calif., May 24, 2013 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, will be attending the following investor conferences:

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• D.A. Davidson 5th Annual Technology Forum on May 29th in New York City
• RBC Capital Markets Communications Technology & Semiconductors Investor Day on June 4th in Boston
• BofA Merrill Lynch Global Tech Conference on June 5th in San Francisco
• Lazard Capital Markets Solid State Storage Conference on June 12th in New York City

About Marvell  Marvell (NASDAQ: MRVL) is a global leader in providing complete silicon solutions enabling the digital connected lifestyle. From mobile communications to storage, cloud infrastructure, digital entertainment and in-home content delivery, Marvell's diverse product portfolio aligns complete platform designs with industry-leading performance, security, reliability and efficiency. At the core of the world's most powerful consumer, network and enterprise systems, Marvell empowers partners and their customers to always stand at the forefront of innovation, performance and mass appeal. By providing people around the world with mobility and ease of access to services adding value to their social, private and work lives, Marvell is committed to enhancing the human experience.

As used in this release, the term "Marvell" refers to Marvell Technology Group Ltd. and its subsidiaries. For more information please visit www.marvell.com.   

Marvell® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.

SOURCE Marvell Technology Group Ltd.

WALTHAM, Mass., May 24, 2013 /PRNewswire/ -- Ohio 5th-grader Jonathon Crawford's clever way to alleviate long lunch lines garnered first place in the Raytheon (NYSE: RTN) MathMovesU® "Build it Better" contest. The New Madison Tri-Village Elementary School student received more than 4,500 votes from the MathMovesU® Facebook community for demonstrating problem-solving prowess to re-engineer the school's lunch line with an Apple® iPad® tablet app.

The contest challenged K-12 students to redesign any aspect of their school life – big or small – and describe how it could be engineered for a better school experience. Out of 10 finalists, three projects were picked by popular vote, and students from Ohio, New Jersey and Massachusetts took home classroom grants of $2,000, $1,000 and $500, respectively, for their schools.

Three high-school students from New Jersey – Lanre Danmola, Jordan Donald and Charlie Dowd of Maplewood's Columbia High School – took second place with a time-saving device for their teachers: a "one-swipe whiteboard eraser." A bike rack designed by student Liam Walsh to provide better protection from the elements for students at Needham High School in Massachusetts took third place.

Launched during National Engineers Week in February, the "Build it Better" contest was sponsored by Raytheon's MathMovesU initiative, as part of its broader mission to engage students in science, technology, engineering and math subjects through hands-on activities, educational outreach, and social interaction. The contest is one of six MathMovesU scholarship and grant programs open to teachers and students. For more information about MathMovesU scholarship and grant programs, please visit www.mathmovesu.com.

More About MathMovesURaytheon's MathMovesU® program is an initiative committed to increasing middle and elementary school students' interest in math and science education by engaging them in hands-on, interactive activities. The innovative programs of MathMovesU include the traveling interactive experience MathAlive!™; Raytheon's Sum of all Thrills™ experience at INNOVENTIONS at Epcot®, which showcases math in action as students design and experience their own thrill ride using math fundamentals; the "In the Numbers" game, a partnership with the New England Patriots on display at The Hall at Patriot Place presented by Raytheon; the company's ongoing sponsorship of the MATHCOUNTS® National Competition; and the MathMovesU scholarship and grant program. Follow MathMovesU and other Raytheon community outreach programs on Facebook and on Twitter @MathMovesU.

About RaytheonRaytheon Company, with 2012 sales of $24 billion and 68,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 91 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon.

Note to EditorsApple and iPad are trademarks of Apple Inc., registered in the U.S. and other countries.

Media Contacts

Raytheon CompanyTina Martineau+1.781.522.6490corporatepr@raytheon.com

InkHouseScott Montminy+1.781.966.4100raytheonpr@inkhouse.com 

SOURCE Raytheon Company

TROY, Mich., May 24, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR), announced today that it and the trustee under the indenture governing its 8-1/8% Notes due 2015 (the "Notes") have executed a supplemental indenture to effect proposed amendments to the indenture governing the Notes.  Meritor had previously announced that holders of a majority of the outstanding principal amount of the Notes had tendered their Notes and delivered their consents to the proposed amendments pursuant to its previously announced cash tender offer and consent solicitation (the "Offer and Consent Solicitation"). 

The proposed amendments are described in the Offer to Purchase and Consent Solicitation Statement dated May 7, 2013 (the "Offer to Purchase"), and a related Consent and Letter of Transmittal (the "Letter of Transmittal").  The amendments set forth in the supplemental indenture will not become operative until Meritor has accepted for purchase a majority in aggregate principal amount of such Notes pursuant to the terms of the Offer and Consent Solicitation.  A holder's right to withdraw tendered Notes and revoke delivered consents expired at 5:00 p.m., New York City time, on May 17, 2013.

The Offer and Consent Solicitation will expire at 12:01 a.m., New York City time, on June 5, 2013, unless extended or earlier terminated, and remains subject to the satisfaction or waiver of certain conditions described in the Offer to Purchase, including, among others, Meritor receiving proceeds from a debt financing transaction sufficient to purchase and pay accrued interest on all Notes validly tendered and accepted for purchase by Meritor and to pay all fees and expenses in connection with the Offer and Consent Solicitation and debt financing transaction.

Citigroup Global Markets Inc. is acting as the dealer manager and solicitation agent for the Offer and Consent Solicitation.  Global Bondholder Services Corporation is acting as both the depositary and the information agent.  Persons with questions regarding the Offer and Consent Solicitation should contact Citigroup Global Markets Inc. at (toll-free) (800) 558-3745 or (collect) (212) 723-6106.  Requests for copies of the Offer to Purchase, Letter of Transmittal and other related materials should be directed to Global Bondholder Services Corporation at (toll-free) (866) 937-2200 or (collect) (212) 430-3774.

None of Meritor or its affiliates, its board of directors, the dealer manager and solicitation agent, the depositary and the information agent or the trustee for the Notes, makes any recommendation as to whether holders of the Notes should tender or refrain from tendering the Notes.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities, nor shall there be any sale of the Notes or any other securities in any state in which such offer, solicitation or sale would be unlawful.  The Offer and Consent Solicitation is made only through the use of the Offer to Purchase and the accompanying Letter of Transmittal. The Offer and Consent Solicitation is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the Offer and Consent Solicitation is required to be made by a licensed broker or dealer, the Offer and Consent Solicitation will be deemed to be made on behalf of Meritor by the dealer manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

About Meritor, Inc.

Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers in more than 70 countries. Meritor is based in Troy, Michigan, United States, and is made up of more than 9,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries.  Meritor's common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at meritor.com.

Forward Looking Statements

This press release contains statements relating to our future results (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995.  Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "estimate," "should," "are likely to be," "will" and similar expressions.  Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to failure to receive the Brazilian regulatory approvals required to complete the sale of our ownership stake in Suspensys Sistemas Automotivos Ltda. or to otherwise successfully complete the sale of such ownership stake; failure to consummate our debt tender offer due to financing or other conditions; reduced production for certain military programs and our ability to secure new military programs as our primary military programs wind down by design in future years; reliance on major original equipment manufacturer ("OEM") customers and possible negative outcomes from contract negotiations with our major customers, including failure to negotiate acceptable terms in contract renewal negotiations, and our ability to obtain new customers; the outcome of actual and potential product liability, warranty and recall claims; our ability to successfully manage rapidly changing  volumes in the commercial truck markets and work with our customers to adjust their demands in view of rapid changes in production levels; global economic and market cycles and conditions; availability and sharply rising costs of raw materials, including steel, and our ability to manage or recover such costs; our ability to manage possible adverse effects on our European operations, or financing arrangements related thereto, in the event one or more countries exit the European monetary union; risks inherent in operating abroad (including foreign currency exchange rates, implications of foreign regulations relating to pensions and potential disruption of production and supply due to terrorist attacks or acts of aggression); rising costs of pension and other postretirement benefits; the ability to achieve the expected benefits of restructuring actions; the demand for commercial and specialty vehicles for which we supply products; whether our liquidity will be affected by declining vehicle productions in the future; OEM program delays; demand for and market acceptance of new and existing products; successful development of new products; labor relations of our company, our suppliers and customers, including potential disruptions in supply of parts to our facilities or demand for our products due to work stoppages; the financial condition of our suppliers and customers, including potential bankruptcies; possible adverse effects of any future suspension of normal trade credit terms by our suppliers; potential difficulties competing with companies that have avoided their existing contracts in bankruptcy and reorganization proceedings; potential impairment of long-lived assets, including goodwill; potential adjustment of the value of deferred tax assets; competitive product and pricing pressures; the amount of our debt; our ability to continue to comply with covenants in our financing agreements; our ability to access capital markets; credit ratings of our debt; the outcome of existing and any future legal proceedings, including any litigation with respect to environmental or asbestos-related matters; and possible changes in accounting rules; as well as other substantial costs, risks and uncertainties, including but not limited to those detailed herein and in our Annual Report on Form 10-K for the year ended September 30, 2012, as amended, and from time to time in our other filings with the SEC. See also the following portions of our Annual Report on Form 10-K for the year ended September 30, 2012, as amended: Item 1. Business, "Customers; Sales and Marketing"; "Competition"; "Raw Materials and Supplies"; "Employees"; "Environmental Matters"; "International Operations"; and "Seasonality; Cyclicality"; Item 1A. Risk Factors; Item 3. Legal Proceedings; and Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. These forward-looking statements are made only as of the respective dates on which they were made, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

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SOURCE Meritor, Inc.